Can’t take cognizance of Sibal`s version of loss: SC

The Supreme Court on Monday said it cannot take cognizance of Kapil Sibal`s remark on CAG report as it is not part of the record.

Updated: Jan 10, 2011, 14:24 PM IST

New Delhi: Telecom Minister Kapil Sibal
may have created a flutter by describing as incorrect the CAG report on the presumptive loss of Rs 1.76 lakh crore in the 2G
allocation but the Supreme Court Monday said it cannot take
cognizance of that as it is not part of the record.

The court`s remark came when advocate Prashant Bhushan
appearing for NGO Centre for Public Interest Litigation (CPIL)
seeking cancellation of the 2G licenses submitted that Sibal
had disputed the CAG report on the presumptive loss of 1.76
lakh crores, saying it was not correct.

"We cannot take cognisance of that as it is not part
of the record," a bench comprising justices G S Singhvi and A
K Ganguly said.
The bench also questioned the silence of TRAI, which
is the highest regulatory authority in the telecom sector, on
the issue of alleged delay in fulfilling roll-out obligations
of the companies which were issued 2G spectrum licenses.

"Why did the TRAI not take action. Why was it silent
for around one year and seven months. TRAI is treated as the
highest regulatory authority in the telecom sector and even in
terms of the consumer. What was it doing?" the bench asked.
When contradictions in the actual loss to the national
exchequer was mentioned, the bench said it will be for the
government to spell out the actual loss suffered by the
national exchequer in the allocation of the spectrum which was
done by allegedly flouting several norms.

"How much loss has the national exchequer suffered? We
will ask the government," the bench said.

However, when Bhushan said that CAG report has given
the amount, the bench said it is not the government`s version.

Bhushan submitted that there was a huge loss to the
government as the licenses were sold to other entities next
day after its allocation at three times the original price.
However, the bench said that the amount of loss has
now become a debatable issue.

PTI